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sports betting Minister Tracey Crouch resigns over 'hold-up' to wagering crackdown
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1 November 2018
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sports betting minister Tracey Crouch has actually resigned over "delays" to a crackdown on optimal stakes for fixed-odds sports betting makers.
Chancellor Philip Hammond stated in Monday's Budget that the cut in stakes from ₤ 100 to ₤ 2 would come into force in October 2019.
Ms Crouch stated pressing back the date was "unjustifiable" and it could cost the lives of problem bettors.
She tweeted: "Politicians come and go however principles stay with us permanently."
Prime Minister Theresa May stated she was disappointed Ms Crouch had actually resigned but there had actually been "no delay in advancing this essential measure".
High stakes for fixed-odds wagering machines
' I lost ₤ 250,000 on sports betting makers'
sports betting maker stakes to be cut to ₤ 2
The federal government has denied Labour claims that MPs had been led to believe the cut would enter into force at the start of the next tax year, in April 2019. They recommended the cut had been intended to be presented in April 2020.
But in her resignation letter, Ms Crouch said: "Unfortunately, application of these modifications are now being delayed till October 2019 due to dedications made by others to those with signed up interests.
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End of twitter post by Tracey Crouch
"From the time of the announcement to lower stakes and its application, over ₤ 1.6 bn will be lost on these devices.
"In addition, 2 people will unfortunately take their lives every day due to gambling-related issues and, because of that as much as any other, I believe this hold-up is unjustifiable."
She included: "It is a reality of federal government that ministers should stick to collective obligation and can not disagree with policy, not to mention when it is policy made against your desires connecting to your own portfolio."
'God bless'
Among those applauding her on social media, the Archbishop of Canterbury Justin Welby tweeted, external that she was "principled and brave" including: "May God bless her commitment to doing right."
Former foreign secretary Boris Johnson tweeted, external that she "deserves substantial credit not simply for her campaign but for sticking up for her principles".
Fixed-odds sports betting terminals produce ₤ 1.8 bn in profits a year for the wagering market, according to the Gambling Commission, external, and taxes of ₤ 400m for the government.
Currently, individuals can wager up to ₤ 100 every 20 seconds on electronic gambling establishment games such as roulette. Anti-gambling campaigners state the machines let players lose cash too quickly, resulting in dependency and social, psychological and financial issues.
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But bookmakers have alerted the cut in stakes could lead to countless outlets closing.
In her response to Ms Crouch, the PM stated the federal government had actually listened to those who wanted the modifications to come into result faster than April 2020 and "had actually agreed that the changes ought to remain in location within the year - by October 2019".
In his Budget on Monday, the chancellor stated the modification to fixed-odds stakes would enter force next October at the exact same time as changes to task charged on sports betting companies based abroad however running in the UK.
The federal government states co-ordinating the date of the 2 modifications would indicate the federal government would not be struck by a fall in tax earnings.
Who is Tracey Crouch?
The 43-year-old MP has represented Chatham and Aylesford, in Kent, since 2010
She was promoted to the front bench as sports betting minister in 2015
She is understood for her opposition to fox searching and her love of football - she is a competent FA coach
Grammar school at Folkestone School for Girls, she went on to get a degree in law and politics from Hull University
She had worked for different Tory MPs, including Michael Howard and David Davis before representing election
She had her first child in 2016 and is believed to have been the first Tory minister to take maternity leave
But in the Commons on Thursday, Labour's deputy leader Tom Watson accused the federal government of "capitulating to the gambling industry".
He praised Ms Crouch's "brave and principled choice" and stated Culture Secretary Jeremy Wright "need to be thoroughly ashamed" of prioritising "corporate interests over victims, profits over public health and greed over excellent".
MPs from all sides of your house signed up with in his criticism. Former Tory leader Iain Duncan Smith said it needs to be gone over as part of the Finance Bill later on this month.
Week ahead in Parliament: The Finance Bill
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He informed the BBC: "There are lots of individuals whose lives have actually been damaged by this dependency ... We need to do this very rapidly, as rapidly as we can and in the meantime, the sports betting industry will make about ₤ 1bn as a result of this hold-up. That's wrong."
Labour has actually informed the BBC that they will put down a change to the Finance Bill to attempt and generate the modifications next April.
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Sports Minister Tracey Crouch Resigns over 'Hold-up' To Betting Crackdown
marilynrogers1 edited this page 2024-12-18 16:16:34 +01:00